The Prague Post - Progress but divides persist as climate summit takes up fossil fuels

EUR -
AED 4.219139
AFN 82.403092
ALL 98.729742
AMD 448.134607
ANG 2.070253
AOA 1053.91474
ARS 1254.970392
AUD 1.795401
AWG 2.067623
AZN 1.955086
BAM 1.955399
BBD 2.319124
BDT 139.561364
BGN 1.955517
BHD 0.4329
BIF 3415.399205
BMD 1.148679
BND 1.502013
BOB 7.936957
BRL 6.660499
BSD 1.148664
BTN 97.795974
BWP 15.691917
BYN 3.755929
BYR 22514.114397
BZD 2.307227
CAD 1.590444
CDF 3304.749956
CHF 0.931918
CLF 0.028752
CLP 1103.317632
CNY 8.387982
CNH 8.403399
COP 4915.394026
CRC 577.481508
CUC 1.148679
CUP 30.440002
CVE 110.24238
CZK 25.072245
DJF 204.52735
DKK 7.465474
DOP 68.615921
DZD 151.542932
EGP 58.587475
ERN 17.23019
ETB 153.246751
FJD 2.586021
FKP 0.858412
GBP 0.858844
GEL 3.153125
GGP 0.858412
GHS 17.744274
GIP 0.858412
GMD 82.139786
GNF 9944.959424
GTQ 8.848184
GYD 240.957972
HKD 8.911064
HNL 29.77689
HRK 7.530395
HTG 150.239173
HUF 409.314634
IDR 19346.458909
ILS 4.27133
IMP 0.858412
INR 97.866845
IQD 1504.691257
IRR 48388.115317
ISK 144.894544
JEP 0.858412
JMD 182.052645
JOD 0.81476
JPY 161.087372
KES 149.040759
KGS 99.791537
KHR 4598.816169
KMF 497.958243
KPW 1033.880648
KRW 1636.787929
KWD 0.351162
KYD 0.957154
KZT 595.697771
LAK 24802.399424
LBP 102910.508687
LKR 344.469319
LRD 229.710868
LSL 21.411107
LTL 3.391752
LVL 0.694825
LYD 6.242719
MAD 10.587228
MDL 19.64714
MGA 5106.640987
MKD 61.485085
MMK 2411.701328
MNT 4066.241766
MOP 9.177217
MRU 45.507662
MUR 51.128109
MVR 17.684027
MWK 1991.708666
MXN 22.577579
MYR 5.044427
MZN 73.406341
NAD 21.411107
NGN 1842.400951
NIO 42.271326
NOK 11.892386
NPR 156.482892
NZD 1.915084
OMR 0.442265
PAB 1.148494
PEN 4.257027
PGK 4.752025
PHP 65.020421
PKR 322.416044
PLN 4.279983
PYG 9195.113283
QAR 4.187141
RON 4.976886
RSD 117.215949
RUB 93.42041
RWF 1654.860444
SAR 4.30866
SBD 9.564782
SCR 16.3455
SDG 689.762882
SEK 10.916686
SGD 1.502139
SHP 0.902682
SLE 26.161236
SLL 24087.212054
SOS 656.465302
SRD 42.673568
STD 23775.342459
SVC 10.049938
SYP 14935.071967
SZL 21.39461
THB 38.181525
TJS 12.23279
TMT 4.020378
TND 3.401002
TOP 2.690322
TRY 43.94882
TTD 7.801399
TWD 37.33784
TZS 3084.203974
UAH 47.767199
UGX 4204.137366
USD 1.148679
UYU 48.500048
UZS 14827.957496
VES 92.880635
VND 29848.431766
VUV 138.277951
WST 3.20172
XAF 655.788186
XAG 0.035177
XAU 0.000332
XCD 3.104363
XDR 0.815516
XOF 655.822434
XPF 119.331742
YER 281.713476
ZAR 21.386345
ZMK 10339.514707
ZMW 32.705581
ZWL 369.874268
  • CMSC

    0.1200

    21.83

    +0.55%

  • BCC

    1.4460

    92.246

    +1.57%

  • AZN

    1.1300

    68.03

    +1.66%

  • BTI

    0.4100

    42.96

    +0.95%

  • SCS

    0.1350

    9.555

    +1.41%

  • GSK

    0.4050

    36.855

    +1.1%

  • NGG

    1.2400

    74.14

    +1.67%

  • RBGPF

    0.1400

    63.59

    +0.22%

  • RIO

    1.5100

    59.98

    +2.52%

  • RELX

    0.6500

    52.72

    +1.23%

  • RYCEF

    0.2100

    9.5

    +2.21%

  • CMSD

    0.1500

    21.97

    +0.68%

  • VOD

    0.4000

    9.63

    +4.15%

  • BCE

    0.0200

    22.4

    +0.09%

  • BP

    0.7000

    28.78

    +2.43%

  • JRI

    0.3150

    12.445

    +2.53%

Progress but divides persist as climate summit takes up fossil fuels
Progress but divides persist as climate summit takes up fossil fuels / Photo: Giuseppe CACACE - AFP/File

Progress but divides persist as climate summit takes up fossil fuels

A UN climate summit in Dubai made progress Saturday but deep divides persisted, negotiators said, following a last-minute push by the OPEC oil cartel to block a phase-out of fossil fuels.

Text size:

OPEC drew outrage from green-minded countries and activists when it joined Saudi Arabia and called on members to block an emerging declaration that would seek to wind down extraction of the oil, coal and gas which are fuelling the climate emergency.

But both the president of the COP28 summit, Sultan Al Jaber, and top oil importer China said they saw headway as talks go into a marathon phase before the scheduled close on Tuesday.

"The window is closing to close the gaps. We are making progress, but not fast enough and not satisfying enough," Jaber said.

Jaber has drawn scepticism from environmentalists as he leads the UAE national oil company, but he has taken a more moderate stance than Saudi Arabia by saying cuts in fossil fuels are "inevitable".

"Now is the time to put aside self-interest for the common interest," Jaber told delegates in a Saturday night session, without publicly endorsing any option.

Jaber said he hopes to submit a package for review by Monday morning.

A third draft of a deal, released on Friday, offers various ways to phase out fossil fuels but also includes the option to avoid the issue entirely.

- Summit success tied to issue -

China said it was working to find a solution that was "acceptable to all parties".

"I think we've already had some progress on this issue and I believe we will have more progress in resolving this very soon in the coming few days," China's climate negotiator Xie Zhenhua told reporters.

"Because if we do not, if we do not resolve this issue, I don't see much chance in having a successful COP28," he said.

Canadian climate minister Steven Guilbeault told AFP he was "confident" the final text would contain language on fossil fuels, which emit planet-heating greenhouse gases.

OPEC Secretary-General Haitham Al Ghais in a letter made public Friday urged the cartel's 13 members and 10 allies to "proactively reject" any language that "targets" fossil fuels rather than emissions.

In a speech read in his name to the summit, Al Ghais said there was "no single solution" for sustainable energy.

"We need realistic approaches to tackle emissions, ones that enable economic growth, help eradicate poverty and increase resilience at the same time," the speech said.

Teresa Ribera, the ecology transition minister of current European Union president Spain, said it was "quite a disgusting thing" for OPEC countries to be "pushing against getting the bar where it has to be".

French Energy Minister Agnes Pannier-Runacher said the OPEC statement left her "stunned" and "angry".

- Planetary crisis -

The planet has endured a string of record-breaking temperatures and intensifying storms and heatwaves, with efforts far off track on an ambition set at the 2015 Paris summit to limit warming to 1.5 degrees Celsius above pre-industrial levels.

"1.5 is not negotiable, and that means an end to fossil fuels," said Tina Stege, climate envoy for the Marshall Islands, which like many low-lying ocean nations fears its very survival as melting ice brings up water levels.

A negotiator from a country in favour of a fossil fuel exit said the Arab group of nations was the only one to take a strong position against a phase-out, although cracks were seen with Arab states that do not produce oil.

A person working for the summit president's office played down objections by Saudi Arabia, saying it was normal for nations to push hard at the end.

"I don't feel that we're at that point where one is sticking their head above the parapet and being the troublemaker," the person said on condition of anonymity.

Colombia, whose left-leaning government has aggressively promoted environmentalism, warned that COP28 was also failing on raising financing for countries to adapt to the effects of climate change.

If countries block "goals on adaptation but at the same time oppose the phase out fossil fuel, they need to be held accountable. And that accountability should be seen financially", Colombian Environment Minister Susana Muhamad said.

Next year's climate talks are likely to be held in another major producer of fossil fuels as Azerbaijan announced it had secured a consensus to host COP29.

I.Mala--TPP